We're taking a closer look at Simon Property today, as the chatter surrounding the stock has increased notably in the last few weeks. Today, its shares moved -0.6% compared to 0.0% for the S&P 500. Increased investor interest and volatility surrounding the stock are not reason enough to buy in -- you should first perform your own due diligence. Here are some figures that can get you started:
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Simon is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG). Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales.
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Simon Property has moved 4.0% over the last year compared to 14.0% for the S&P 500 -- a difference of -10.0%
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SPG has an average analyst rating of buy and is -6.17% away from its mean target price of $129.0 per share
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Its trailing 12 month earnings per share (EPS) is $6.74
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Simon Property has a trailing 12 month Price to Earnings (P/E) ratio of 18.0 while the S&P 500 average is 15.97
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Its forward earnings per share (EPS) is $6.17 and its forward P/E ratio is 19.6
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SPG has a Price to Earnings Growth (PEG) ratio of 2.32, which shows the company is potentially overvalued when we factor growth into the price to earnings calculus.
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The company has a Price to Book (P/B) ratio of 13.56 in contrast to the S&P 500's average ratio of 2.95
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Simon Property is part of the Real Estate sector, which has an average P/E ratio of 24.81 and an average P/B of 2.24
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Simon Property has on average reported free cash flows of $2.85 Billion over the last four years, during which time they have grown by an an average of 0.7%